Kennametal (NYSE:KMT) Issues Q1 2025 Earnings Guidance

Kennametal (NYSE:KMT) updated its first quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.200-0.300 for the period, compared to the consensus EPS estimate of 0.380. The company issued revenue guidance of $480.0 million-$500.0 million, compared to the consensus revenue estimate of $488.1 million. Kennametal also updated its FY 2025 guidance to 1.300-1.700 EPS.

Analyst Ratings Changes

Several brokerages recently commented on KMT. StockNews.com cut shares of Kennametal from a buy rating to a hold rating in a research note on Friday, July 12th. Loop Capital reduced their price target on shares of Kennametal from $24.00 to $22.00 and set a hold rating for the company in a research report on Friday, June 21st. Finally, Barclays lowered their price target on Kennametal from $25.00 to $24.00 and set an equal weight rating on the stock in a report on Wednesday, July 10th. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. According to MarketBeat, the stock has a consensus rating of Hold and an average price target of $23.67.

Kennametal Price Performance

Shares of KMT traded up $0.05 during mid-day trading on Wednesday, reaching $24.00. 994,426 shares of the company’s stock were exchanged, compared to its average volume of 656,433. The company has a quick ratio of 1.09, a current ratio of 2.42 and a debt-to-equity ratio of 0.46. Kennametal has a 52-week low of $22.08 and a 52-week high of $27.75. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 2.37 and a beta of 1.66. The company has a 50-day simple moving average of $24.28 and a two-hundred day simple moving average of $24.53.

Kennametal (NYSE:KMT) last released its quarterly earnings results on Wednesday, May 8th. The industrial products company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Kennametal had a return on equity of 9.35% and a net margin of 5.29%. The company had revenue of $515.80 million during the quarter, compared to analyst estimates of $518.50 million. During the same period last year, the firm earned $0.39 earnings per share. The business’s revenue was down 3.8% compared to the same quarter last year. On average, sell-side analysts predict that Kennametal will post 1.45 EPS for the current fiscal year.

Kennametal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 27th. Investors of record on Tuesday, August 13th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.33%. The ex-dividend date is Tuesday, August 13th. Kennametal’s payout ratio is 59.26%.

Insiders Place Their Bets

In other news, CEO Sanjay Chowbey bought 5,000 shares of the stock in a transaction on Monday, June 10th. The stock was purchased at an average cost of $24.28 per share, with a total value of $121,400.00. Following the purchase, the chief executive officer now owns 49,270 shares of the company’s stock, valued at $1,196,275.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.61% of the stock is owned by corporate insiders.

Kennametal Company Profile

Kennametal Inc engages in development and application of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. The company operates through two segments, Metal Cutting and Infrastructure.